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$MU Signal] Bullish breakout + high funding rate, short-term sniper long position
$MU RSI 89.44, 4H Bollinger Band upper band at 983.5 has been touched, 1H MACD just had a golden cross, buying depth imbalance at 1.32, funding rate at 0.05% is relatively high but not extreme. Currently, there is obvious order support in the 978-982 price range, enter long position directly at the current price.
🎯Direction: long
⚡Entry/Order: 978.954 - 981.900
🛑Stop loss: 972.081
🚀Target 1: 996.628
🚀Target 2: 1003.993
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
The funding rate remains positive, indicating market sentiment is bullish, but the bulls are not yet at liquidation risk. Pursuing longs at this position requires a tight stop loss. The Bollinger Bands are opening upward, 4H momentum is still expanding, but 1H buying volume has slightly decreased, watch out for profit-taking pressure near Target 2.
Check real-time market 👇 $MU
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